Atlantic Business Brokeragehttps://www.atlanticbusinessbrokerage.com
Wed, 20 Feb 2019 23:25:51 +0000en-UShourly11411340243 Tips For Selling A Family-Owned Businesshttps://www.atlanticbusinessbrokerage.com/3-tips-for-selling-a-family-owned-business/
Wed, 20 Feb 2019 21:38:13 +0000https://www.atlanticbusinessbrokerage.com/?p=564Succession planning is often one of the most challenging aspects of owning a family business, and selling the company comes with a lot of obstacles. While most owners dream of keeping their business within the family, that is not always... Read More

Check out these three important tips for selling a family-owned business.

Succession planning is often one of the most challenging aspects of owning a family business, and selling the company comes with a lot of obstacles. While most owners dream of keeping their business within the family, that is not always a realistic option, and they may have to make the hard decision of who will take over as the new owner. Continue reading for a few essential tips to keep in mind when selling a family-owned business.

Establish A Timeline

While selling a business can be a quick process, especially with the help of a professional business broker, family businesses have to think about the sale years in advance. This is because owners need plenty of time to position their business for sale and prepare themselves and their family before letting go of the company. While this is not possible for everyone, as some businesses need to be sold as a result of an unplanned reaction, the more time there is to prepare, the better it will be for the future of the company.

From the operational perspective, owners also need time to clean up the balance sheet and secure contracts with important vendors and partners. If the business requires real estate, it is possible that long-term leases may need to be in place before the sale. Owners may also need to lock down agreements with their essential employees and management team. While it is a long process, these steps help to add value to a family-owned business when it is time to sell.

Consider The Financial Impacts

As a business owner, it’s crucial to think through the financial impact that selling a business will present. These issues can be complex for a family business, as many family-related experiences such as travel, entertainment, or even charitable endeavors may be contained within the business. Owners should understand how much money they need from the sale to be financially stable and to keep their lifestyle fairly similar once the company is sold.

Look At The Business Like A Buyer

For a family business owner, their business is a significant part of their life, and it can be difficult to have a realistic view of the selling process. It helps to view the business through the eyes of a person on the outside, such as a buyer, to consider the benefits and drawbacks of the company. Consider the appeal of the current leadership from a buyers perspective and the value of relationships with customers or vendors without the current stakeholders’ involvement. For example, if it seems like the departure of the owner negatively impacts the business, it will not be as easy to sell.

Sell With Atlantic Business Brokerage, Inc.

At Atlantic Business Brokerage, our mission is quite simple; we help sellers sell businesses, and buyers buy businesses! Over the past 30 years, ABBI has facilitated the sale of countless commercial properties, businesses, and franchised locations. With our unparalleled knowledge of the business purchase and sale industry and our network of contacts, we offer services to both buyers and sellers that no other brokerage firm can match.

Contact us to discuss your business buying and selling goals today at 410-561-9800, or Toll-Free at 800-279-7569. Email us at sales@atlanticbusinessbrokerage.com, and follow us online on Facebook and LinkedIn.

]]>564Reasons Why The Sale Of A Business May Fall Throughhttps://www.atlanticbusinessbrokerage.com/reasons-why-the-sale-of-a-business-may-fall-through/
Wed, 13 Feb 2019 21:34:31 +0000https://www.atlanticbusinessbrokerage.com/?p=560Unfortunately, not all deals go through when selling a business, and there are various reasons why the deal won’t close successfully. The reasons why the sale of a business may fall through may be the fault of the buyer or... Read More

Unfortunately, not all deals go through when selling a business, and there are various reasons why the deal won’t close successfully. The reasons why the sale of a business may fall through may be the fault of the buyer or the seller. Continue reading to learn more about why sales can fall through and how to avoid it when selling or buying a company.

The Buyer

The buyer can have many reasons why they won’t follow through with purchasing a business. First, it’s possible that a buyer doesn’t have a strong desire to go into business. Although they start with positive intentions, it’s not uncommon for a buyer to pull out of a deal if he or she doesn’t have their heart in the venture and ultimately decide it’s not the right decision.

Some buyers are just uneducated about the nature of small businesses and have unrealistic expectations about the cost. They also may not realize what it takes to own a company, and how important it is to be passionate about the purchase.

The Seller

When selling your business, there are a few essential things to keep in mind to ensure you find a credible buyer and the sale goes through. First, it’s important to have a valid reason for putting your business on the market. Without a good reason for selling, you unlikely that you will have the willingness needed to negotiate or the commitment it takes to find the right buyer. Some sellers aren’t even set on selling their business- they just want to know if anyone will buy their business for a reasonable price. As a seller, it’s also crucial to be realistic about the price you set for your business. If a seller is unrealistic and believes their company is worth much more than a buyer believes it is worth, odds are that the sale won’t go through.

The best way to ensure your business is purchased by a respectable buyer is to work with Atlantic Business Brokerage. ABBI truly cares about getting our clients the best deals when selling their business, as we only get paid when the sale goes through. There are no hidden fees, up-front charges, deposits, marketing costs, or any other payments incurred for our services. We aren’t interested in wasting our clients time or money- our only concern is helping each business seller achieve their goals to the best of our ability.

Buy or Sell With Atlantic Business Brokerage, Inc.

At Atlantic Business Brokerage, our mission is quite simple; we help sellers sell businesses, and buyers buy businesses! Over the past 30 years, ABBI has facilitated the sale of countless commercial properties, businesses, and franchised locations. With our unparalleled knowledge of the business purchase and sale industry and our network of contacts, we offer services to both buyers and sellers that no other brokerage firm can match.

Contact us to discuss your business buying and selling goals today at 410-561-9800, or Toll-Free at 800-279-7569. Email us at sales@atlanticbusinessbrokerage.com, and follow us online on Facebook and LinkedIn.

]]>560How To Think Like A Buyer When Selling Your Businesshttps://www.atlanticbusinessbrokerage.com/how-to-think-like-a-buyer-when-selling-your-business/
Wed, 06 Feb 2019 18:52:58 +0000https://www.atlanticbusinessbrokerage.com/?p=555When it comes time to sell your business, you look for someone who is willing to pay a fair price for the company you built and to put in the hard work it takes to make the business thrive. However,... Read More

When it comes time to sell your business, you look for someone who is willing to pay a fair price for the company you built and to put in the hard work it takes to make the business thrive. However, to find the best person to take over for you, it’s important to put yourself in their shoes and understand how they evaluate a business. Continue reading for a few tips on how to think like a buyer when selling your business.

Cost and Terms

There are many different types of buyers, but they all will consider how much they’ll invest to acquire a business and the potential return on their investment. The first area a buyer will evaluate is the cost and terms- including how much debt they will take on and if the deal’s terms and conditions are worth the purchase.

All buyers will look at the amount of cash required to make the deal. As a seller, you can make your company more attractive to buyers by decreasing the cash requirement and increasing the acceptable dept portion. This tactic may even raise your selling price.

Continuity

A buyer will also think about if the business will continue to operate similarly after the sale, including if the staff is willing to stay with the company, if the owner has personal relationships with customers or vendors that will be difficult to maintain, or if the owner has special skills that are necessary but challenging to learn. Before selling your business, it’s crucial to know that all buyers will have these concerns, so you should be ready to provide solid responses. If a seller feels confident that the business can transition smoothly and operate similarly after a sale, they will be much more willing to purchase.

Growth

A buyer will look for a business that can continue to grow, rather than a company that has already maximized their opportunities. If your business started small and focused on one geographic region, a seller will see this as an opportunity to expand and take the product national- or even international. This is an important fact to advertise to potential buyers, as they may pay more for a business if they believe they can increase revenues.

Sell With Atlantic Business Brokerage, Inc.

At Atlantic Business Brokerage, our mission is quite simple; we help sellers sell businesses, and buyers buy businesses! Over the past 30 years, ABBI has facilitated the sale of countless commercial properties, businesses, and franchised locations. With our unparalleled knowledge of the business purchase and sale industry and our network of contacts, we offer services to both buyers and sellers that no other brokerage firm can match.

Contact us to discuss your business buying and selling goals today at 410-561-9800, or Toll-Free at 800-279-7569. Email us at sales@atlanticbusinessbrokerage.com, and follow us online on Facebook and LinkedIn.

]]>5553 Things To Ask Yourself Before Buying A Businesshttps://www.atlanticbusinessbrokerage.com/3-things-to-ask-yourself-before-buying-a-business/
Thu, 31 Jan 2019 19:51:49 +0000https://www.atlanticbusinessbrokerage.com/?p=528Purchasing a business in a big decision that comes with a lot of responsibilities, and it should not be taken lightly. Although buying an existing business may bring many benefits, it’s important to know exactly what you’re getting yourself into!... Read More

Purchasing a business in a big decision that comes with a lot of responsibilities, and it should not be taken lightly. Although buying an existing business may bring many benefits, it’s important to know exactly what you’re getting yourself into! Continue reading for three questions you should ask yourself before deciding to buy a business.

Knowledge Of The Industry

One of the most important questions to ask yourself is if you have a good understanding of the product or service you will be selling. It is possible to buy a business that is part of an industry that you have no background in, but it’s crucial to do your research beforehand. This is common for those who want an entirely new experience and are looking for a change in their career. It can bring many benefits to own a business in a new industry, but owners shouldn’t rely on their employees to be the only ones who understand the product or service. Before signing the papers, make sure you invest some time in learning all about the industry until you are confident with your level of knowledge.

How To Run A Business

Another crucial question that everyone who thinks about purchasing a business should ask is if you have enough financial knowledge to run a company. In addition to knowing about the industry and products, owners must know all about finances and accounting. You can put an expert in charge of specific tasks, such as a bookkeeper or accountant, but you should know how to keep accurate records. When purchasing an existing business, the current owner should be able to train you and offer suggestions for buying from suppliers. It is also a good idea to set up your books exactly as the current owner does, or have an accountant help with the set-up to ensure your records are always in order.

Communication Skills

Being a successful business owner also relies on having great communication skills. A business owner has to clearly communicate with multiple people a day, including customers, employees, customers, and competitors. After all, as the head of a company, you are a walking reputation of your business and must present a strong image. The way you communicate with employees is also crucial, as your business will not be successful if your staff feels as though you don’t listen to their opinions or ideas.

Buying With Atlantic Business Brokerage, Inc.

At Atlantic Business Brokerage, our mission is quite simple; we help sellers sell businesses, and buyers buy businesses! Over the past 30 years, ABBI has facilitated the sale of countless commercial properties, businesses, and franchised locations. With our unparalleled knowledge of the business purchase and sale industry and our network of contacts, we offer services to both buyers and sellers that no other brokerage firm can match.

Contact us to discuss your business buying and selling goals today at 410-561-9800, or Toll-Free at 800-279-7569. Email us at sales@atlanticbusinessbrokerage.com, and follow us online on Facebook and LinkedIn.

]]>5283 Tips For Selling Your Business Before Your Retirehttps://www.atlanticbusinessbrokerage.com/3-tips-for-selling-your-business-before-your-retire/
Fri, 25 Jan 2019 17:46:31 +0000https://www.atlanticbusinessbrokerage.com/?p=525When it comes time to retire, you must make an important decision about the state of your business. If you think selling your business is the right decision, it’s essential to prepare early, as detaching yourself from your business can... Read More

Check out these three tips for selling your business before you retire.

When it comes time to retire, you must make an important decision about the state of your business. If you think selling your business is the right decision, it’s essential to prepare early, as detaching yourself from your business can be a complicated process. If you feel ready to sell your business and retire, continue reading for a few essential tips!

Plan Early

It may be difficult to know when is the best time to finally retire. A large part of this decision depends on your financial planning, and you must answer a few essential questions- When did you begin your 401 (k), IRA or HSA? Are your monthly payments enough to compensate for your lifestyle? It’s often helpful to meet with an accountant or financial planner to go over your finances and create a retirement plan.

It’s also never too early to start planning the sale of your business, as it can be a long process. Take the time to do your research and educate yourself on the complexities of the business sale process, as well as the emotional aspects that come with selling a business.

Find Out What Your Business Is Worth

The next step is to figure out how much your business is worth to prepare for sale. Start by contacting a business broker, such as Atlantic Business Brokerage, to conduct a formal valuation. At ABBI, our initial analysis of your business is free of charge, and you are under no obligation to work with us after contacting us. We will give you our professional evaluation of what your business is currently worth and review what sale options are available to you based on your intentions and circumstances. From there, we would be happy to work with you and will always have your best interests in mind throughout the entire sale process.

Future Planning

While ABBI handles the sale, you will have time to plan for your future. Take into consideration how your life will change once you retire, and how you plan to spend your days. Retirement should not be a scary situation- your time is all your own, and you can spend it however you’d like! Take up a new hobby that brings you joy, volunteer in the community, or enroll in classes to learn something new. As you get excited about retirement, ABBI will handle every step of the selling process, from finding qualified buyers, negotiating on your behalf, to preparing closing documents, to ultimately consummating the sale for you. If you’re planning to retire soon and are interested in selling your business, call today to let Atlantic Business Brokerage show you what we can do for you!

Sell With Atlantic Business Brokerage, Inc.

At Atlantic Business Brokerage, our mission is quite simple; we help sellers sell businesses, and buyers buy businesses! Over the past 30 years, ABBI has facilitated the sale of countless commercial properties, businesses, and franchised locations. With our unparalleled knowledge of the business purchase and sale industry and our network of contacts, we offer services to both buyers and sellers that no other brokerage firm can match.

Contact us to discuss your business buying and selling goals today at 410-561-9800, or Toll-Free at 800-279-7569. Email us at sales@atlanticbusinessbrokerage.com, and follow us online on Facebook and LinkedIn.

]]>525First Steps To Take After Buying A Businesshttps://www.atlanticbusinessbrokerage.com/first-steps-to-take-after-buying-a-business/
Thu, 17 Jan 2019 20:49:59 +0000https://www.atlanticbusinessbrokerage.com/?p=518Buying an existing business comes with many benefits, and you have put time and research to ensure that buying the company was the right decision for you. However, do you know what comes next after the deal closes? Continue reading... Read More

Learn about the first steps to take after buying an existing business.

Buying an existing business comes with many benefits, and you have put time and research to ensure that buying the company was the right decision for you. However, do you know what comes next after the deal closes? Continue reading to learn about the first steps you should take after buying a business.

Transition Phase

After purchasing a business, you should be aware that there will be a transition phase where the managerial shift will take place. Instead of jumping in and taking over all aspects of the job, it’s important to watch and learn the previous owner. They can provide you with beneficial information and tips on how to make the business as best as it can be under your ownership.

This includes a learning process, as you should take the time to learn everything you can about the day-to-day operations and how the business currently operates. Learn about their strengths and weaknesses, such as their customer service and reviews. Before you try to change anything as the new owner, you must have a deep understanding of all aspects of the business!

Work With Employees

In an ideal situation, the majority of employees will stay with the company under your new leadership. This saves you a lot of time and money by avoiding the hiring process and ensures that your staff is loyal to the business. Make sure you make an excellent first impression by introducing yourself to all employees in a company-wide meeting and allow the staff to express their opinions. They will likely have a lot of questions and concerns, and it’s crucial to provide honest and clear answers. To get a clear understanding of everyone’s role, it may be helpful to ask everyone to outline their duties and responsibilities.

Take Control

After the initial transition phase, you will have to take control of the business at some point and make it your own. This may start with a redesign of the inside with a fresh coat of paint and new decor, or making any minor changes you believe are necessary. When it comes time to make real business decisions, it’s helpful to set up a month-long plan to implement new changes while you work on the official business plan. This can be daunting, but it is manageable when you break it up into sections, such as the direction you want to take the business, who is in charge of what, how you will measure success, and so on.

Buying With Atlantic Business Brokerage, Inc.

At Atlantic Business Brokerage, our mission is quite simple; we help sellers sell businesses, and buyers buy businesses! Over the past 30 years, ABBI has facilitated the sale of countless commercial properties, businesses, and franchised locations. With our unparalleled knowledge of the business purchase and sale industry and our network of contacts, we offer services to both buyers and sellers that no other brokerage firm can match.

Contact us to discuss your business buying and selling goals today at 410-561-9800, or Toll-Free at 800-279-7569. Email us at sales@atlanticbusinessbrokerage.com, and follow us online on Facebook and LinkedIn.

]]>518How To Explain To Your Employees and Clients That You’re Selling Your Businesshttps://www.atlanticbusinessbrokerage.com/how-to-explain-to-your-employees-and-clients-that-youre-selling-your-business/
Thu, 10 Jan 2019 16:20:44 +0000https://www.atlanticbusinessbrokerage.com/?p=514Your business is an extension of you. You’ve put time, sweat, and maybe even tears into it, and the decision to sell may be a difficult one. One step that many people overlook in the selling process is discussing it... Read More

Learn how to explain to your employees and clients that you’re selling your business.

Your business is an extension of you. You’ve put time, sweat, and maybe even tears into it, and the decision to sell may be a difficult one. One step that many people overlook in the selling process is discussing it with current employees and clients. It is a stressful time for you, but it is important to handle this carefully. One way to make it easier is to know when to talk to the people around you about the upcoming changes to the business.

In The Beginning

When you first decide to sell, it’s essential to keep the information pretty confidential. Key employees, those you can truly trust not to spread the news, should be told first. These employees may be able to help you prepare for due diligence. They may even be potential buyers, especially if they’ve been with the company for a long time. Once you’ve lined up a serious buyer and have begun negotiating the terms of the sale, you can begin telling your clients, starting with your biggest clients. Be honest about the transition and do what you can to assure them that the new owners will provide the same level and quality of service. Requiring a non-disclosure agreement for these conversations would not be unreasonable to ensure confidentiality and protect your interests and the sale.

Towards The End

Once the terms of the sale have been settled, and confidentiality is not as much of an issue, you should discuss the transition with the rest of your employees. Make sure that you’re clear and transparent about why you’re selling and what the employees can expect of the future. Introduce them to the buyer, their new boss, and keep the conversation positive. Answer questions as best you can and provide reassurance. This is also when you should tell the rest of your clients.

Once The Ink Dries

This is when you can tell pretty much everybody else. This includes your supply chain and the general public. It is important that the public hears about the sale from you. It is crucial that you control the narrative, rather than letting others (especially your competitors) spin the tale of why you chose to sell.

Sell With Atlantic Business Brokerage, Inc.

At Atlantic Business Brokerage, our mission is quite simple; we help sellers sell businesses, and buyers buy businesses! Over the past 30 years, ABBI has facilitated the sale of countless commercial properties, businesses, and franchised locations. With our unparalleled knowledge of the business purchase and sale industry and our network of contacts, we offer services to both buyers and sellers that no other brokerage firm can match.

Contact us to discuss your business buying and selling goals today at 410-561-9800, or Toll-Free at 800-279-7569. Email us at sales@atlanticbusinessbrokerage.com, and follow us online on Facebook and LinkedIn.

]]>514How To Increase The Value Of Your Business Before Sellinghttps://www.atlanticbusinessbrokerage.com/how-to-increase-the-value-of-your-business-before-selling/
Thu, 03 Jan 2019 16:16:51 +0000https://www.atlanticbusinessbrokerage.com/?p=511You invest a lot of time and money into your business, and when you decide to sell it, you want to make sure you are getting a great price! It’s important to incorporate strategies that increase the value of your... Read More

You invest a lot of time and money into your business, and when you decide to sell it, you want to make sure you are getting a great price! It’s important to incorporate strategies that increase the value of your business now so that you will receive the best offers from potential buyers. Continue reading for a few tips on how to increase the value of your business before selling it.

Invest In Your Staff

A well-trained staff is a crucial factor that can drive up your company’s value. Take the time now to invest in their training, and ensure they are treated well and compensated fairly. A happy staff is a more productive staff, and buyers will be more inclined to purchase a business with quality employees. Buyers also know that it is time-consuming to hire employees themselves, so they are often looking for businesses with staff that are loyal to the company and are willing to stay under new ownership.

What Makes You Different

If you are in an industry with thousands of similar businesses, it’s essential to highlight what makes you stand out from the rest. Focus on your niche and creative ways to show that your company is unique, and your value will increase over time.

Organization

When it comes time to sell your business, remember that all buyers are most interested in purchasing a successful, profitable business. Cash flow is a significant factor, so your records should be organized to easily show the history or profitability of your business. Take the time to organize your books before it comes time to sell, so everything will be in order for the interested parties looking to buy your business.

Include Equipment

Equipment and furnishings can be very expensive, and many buyers will not follow through with a transaction that doesn’t include all equipment. To drive up the value of your business, make it known that all equipment needed to run the company is included in the purchase. This allows you to set a higher asking price, and many buyers will take the offer as it will save them a lot of time and money in the future.

Sell With Atlantic Business Brokerage, Inc.

At Atlantic Business Brokerage, our mission is quite simple; we help sellers sell businesses, and buyers buy businesses! Over the past 30 years, ABBI has facilitated the sale of countless commercial properties, businesses, and franchised locations. With our unparalleled knowledge of the business purchase and sale industry and our network of contacts, we offer services to both buyers and sellers that no other brokerage firm can match.

Contact us to discuss your business buying and selling goals today at 410-561-9800, or Toll-Free at 800-279-7569. Email us at sales@atlanticbusinessbrokerage.com, and follow us online on Facebook and LinkedIn.

]]>5113 Benefits Of Buying An Existing Businesshttps://www.atlanticbusinessbrokerage.com/3-benefits-of-buying-an-existing-business/
Tue, 18 Dec 2018 22:08:27 +0000https://www.atlanticbusinessbrokerage.com/?p=505In a country with millions of small businesses, now is a great time to invest in your own! Business ownership comes with many benefits, but before starting your own business from scratch, it’s a good idea to learn about all... Read More

In a country with millions of small businesses, now is a great time to invest in your own! Business ownership comes with many benefits, but before starting your own business from scratch, it’s a good idea to learn about all the advantages of buying an existing company. Continue reading to learn about three great benefits of purchasing an existing business with the help of Atlantic Business Brokerage.

Low-Risk Investment

Compared to opening a new business from scratch, buying an existing business is a great, low-risk investment. Starting a new business is a huge risk that costs a significant amount of money, including costs from real estate, hiring and training employees, equipment, furniture, marketing your business, and much more. An existing business will already have these things in place, and many of these aspects are included in the asking price (depending on the transaction.) However, be sure to consult with a business broker to ensure you’re making a wise investment that includes the real estate, equipment, and more.

Keep Employees and Customers

When buying an existing business, you will keep loyal staff members and clientele who want to see the company succeed under new ownership. Having a fully-trained staff makes the process much easier and stress-free, as they won’t need training, and may even help you learn if you are new to the industry. Employees can often provide honest feedback about the business operations, and share positive and negative aspects of the job they experienced under the previous owner. Loyal customers will also want the business to do well, and may provide great insight on how to make improvements.

Creative Freedom

When buying a successful business, you have the opportunity to implement creative ideas and work hard to make the company grow. Once you invest and the deal is completed, you can really make a business your own and share your amazing ideas!

The Buying Process

If you’re interested in buying an existing business, ABBI is here to help find the perfect opportunity for you! Taking a look at our listings page is a great place to start, as we have multiple businesses currently available for sale. However, if you’re still undecided or you don’t see a specific business you’d like to purchase, be sure to contact us and let us know. We also list new businesses for sale that we can inform you about in advance, and have an extensive network of seller contacts to inquire if they’re currently interested in selling their business. Some of our most popular businesses now available for sale/purchase include Blaze Pizza, Five Guys Burgers & Fries Franchises, Sub & Sandwich Franchises, and Trampoline Park & Fitness Center Franchises!

Buying With With Atlantic Business Brokerage, Inc.

At Atlantic Business Brokerage, our mission is quite simple; we help sellers sell businesses, and buyers buy businesses! Over the past 30 years, ABBI has facilitated the sale of countless commercial properties, businesses, and franchised locations. With our unparalleled knowledge of the business purchase and sale industry and our network of contacts, we offer services to both buyers and sellers that no other brokerage firm can match.

Contact us to discuss your business buying and selling goals today at 410-561-9800, or Toll-Free at 800-279-7569. Email us at sales@atlanticbusinessbrokerage.com, keep up with our blog, and follow us online on Facebook and LinkedIn.

]]>5053 Tips To Consider When Buying An Internet Businesshttps://www.atlanticbusinessbrokerage.com/3-tips-to-consider-when-buying-an-internet-business/
Thu, 13 Dec 2018 15:54:50 +0000https://www.atlanticbusinessbrokerage.com/?p=498Are you interested in purchasing an internet business? If so, you have a lot of options, as there are over one billion registered sites on the internet today. However, owning a successful internet business is not as easy as it... Read More

Are you interested in purchasing an internet business? If so, you have a lot of options, as there are over one billion registered sites on the internet today. However, owning a successful internet business is not as easy as it may seem, so be sure to read over our tips before going through with the deal. When you are ready to buy, Atlantic Business Brokerage will provide you with a variety of purchasing opportunities to meet your needs.

Ask Why The Business Is For Sale

When considering buying an internet business, one of your first thoughts should be “Why is this business for sale?” While many owners sell their business for common reasons, such as to prepare for retirement or to pursue other business ventures, but you may learn some interesting information from their response. For example, if the current owner admits that they are having financial issues, you know that their business may not be doing so well. There is a chance that you can save the company and improve sales, but you should investigate the financial issues further before closing the deal.

Know What Is Included In The Sale

An internet business is different than other business purchases, and it’s crucial to verify exactly what is included in the sale. If the deal only consists of the domain name and website, you know to avoid the purchase. The transaction should consist of far more aspects, such as the marketing strategy, leads, social media platforms, and additional software.

Ensure The Business Is Reputable

Before jumping into a business decision, you must first do your research. When looking at an internet business, your main concern should be if the company is reputable. An internet business can look established and polished, have thousands of followers on social media, and have low overhead, but there is always a chance that the company is a scam. To avoid this, it’s essential to study the profit margins, industry trends, and the cost of upkeep.

When buying with Atlantic Business Brokerage, we only list businesses for sale that have been thoroughly analyzed. We obtain all available financial records and research any potential factors that may impact the business in the future, and provide this information to qualified buyers who are serious about purchasing. We always perform our due diligence so that you can make a well-informed decision as to whether buying the business is the right choice for you.

Buying With With Atlantic Business Brokerage, Inc.

At Atlantic Business Brokerage, our mission is quite simple; we help sellers sell businesses, and buyers buy businesses! Over the past 30 years, ABBI has facilitated the sale of countless commercial properties, businesses, and franchised locations. With our unparalleled knowledge of the business purchase and sale industry and our network of contacts, we offer services to both buyers and sellers that no other brokerage firm can match.

Contact us to discuss your business buying and selling goals today at 410-561-9800, or Toll-Free at 800-279-7569. Email us at sales@atlanticbusinessbrokerage.com, keep up with our blog, and follow us online on Facebook and LinkedIn.